Similitude System: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Similitude System
Largest movements
- Receivables within one year -€5,042
down €5,042 (-65.8%), from €7,662 to €2,620
of which Other amounts receivable: -€5,311
- Tangible fixed assets -€358
no longer reported in 2024 (was €358)
- Cash -€202
down €202 (-64.2%), from €314 to €112
mainly Net result for the year (-€16,413) and Tax, wage and social debts (-€5,665)
- Profit (loss) carried forward -€16,413
down €16,413 (-730.1%), from -€2,248 to -€18,661
- Other debts +€15,560
up €15,560 (+3111.9%), from €500 to €16,060
- Tax, wage and social debts -€5,665
down €5,665 (-76.1%), from €7,442 to €1,777
of which Taxes: -€5,467
- Accrued charges and deferred income +€1,056
new in 2024: €1,056
- Trade debts -€139
no longer reported in 2024 (was €139)
- Staff costs +€4,956
up €4,956 (+17625.9%), from €28 to €4,985
- Gross operating margin -€1,278
down €1,278 (-18.7%), from -€6,853 to -€8,131
- Financial charges -€604
down €604 (-21.9%), from €2,764 to €2,160
- Depreciation -€429
down €429 (-54.5%), from €787 to €358
- Taxes +€423
up €423, from -€230 to €193
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,334 | €2,732 | -€5,602 | -67.2% |
| Fixed assets | 21/28 | €358 | - | -€358 | |
| Tangible fixed assets | 22/27 | €358 | - | -€358 | |
| Furniture and vehicles | 24 | €358 | - | -€358 | |
| Current assets | 29/58 | €7,976 | €2,732 | -€5,244 | -65.7% |
| Amounts receivable within one year | 40/41 | €7,662 | €2,620 | -€5,042 | -65.8% |
| Trade receivables | 40 | €575 | €844 | +€269 | +46.8% |
| Other amounts receivable | 41 | €7,087 | €1,776 | -€5,311 | -74.9% |
| Cash at bank and in hand | 54/58 | €314 | €112 | -€202 | -64.2% |
| Total equity and liabilities | 10/49 | €8,334 | €2,732 | -€5,602 | -67.2% |
| Equity | 10/15 | €252 | -€16,161 | -€16,413 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,248 | -€18,661 | -€16,413 | -730.1% |
| Amounts payable | 17/49 | €8,082 | €18,893 | +€10,811 | +133.8% |
| Amounts payable within one year | 42/48 | €8,082 | €17,837 | +€9,755 | +120.7% |
| Trade debts | 44 | €139 | - | -€139 | |
| Suppliers | 440/4 | €139 | - | -€139 | |
| Taxes, remuneration and social security | 45 | €7,442 | €1,777 | -€5,665 | -76.1% |
| Taxes | 450/3 | €6,642 | €1,175 | -€5,467 | -82.3% |
| Remuneration and social security | 454/9 | €800 | €602 | -€198 | -24.8% |
| Other amounts payable | 47/48 | €500 | €16,060 | +€15,560 | +3111.9% |
| Accrued charges and deferred income | 492/3 | - | €1,056 | +€1,056 | |
| Remuneration, social security and pensions | 62 | €28 | €4,985 | +€4,956 | +17625.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €787 | €358 | -€429 | -54.5% |
| Other operating charges | 640/8 | €711 | €587 | -€124 | -17.5% |
| Gross operating margin | 9900 | -€6,853 | -€8,131 | -€1,278 | -18.7% |
| Operating profit (loss) | 9901 | -€8,379 | -€14,060 | -€5,681 | -67.8% |
| Financial charges | 65/66B | €2,764 | €2,160 | -€604 | -21.9% |
| Recurring financial charges | 65 | €2,764 | €2,160 | -€604 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,143 | -€16,220 | -€5,077 | -45.6% |
| Income taxes | 67/77 | -€230 | €193 | +€423 | |
| Profit (loss) for the period | 9904 | -€10,913 | -€16,413 | -€5,500 | -50.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,913 | -€16,413 | -€5,500 | -50.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.